DocumentCode :
2323574
Title :
Research on Bertrand dual-oligopoly dynamic game model
Author :
Chen, Jizhi
Author_Institution :
Bus. Sch., Hohai Univ., Nanjing, China
Volume :
1
fYear :
2010
fDate :
9-10 Jan. 2010
Firstpage :
226
Lastpage :
229
Abstract :
By difference equation, we study the equilibrium solution and the dynamic change process of the Bertrand price competition model under the same condition of duopolistic market cost, give the model of dynamic change, come to the conclusion that whatever manufactures choose about price the equilibrium solution only exists, and prove that the manufacture´s price change process must be the monotonic process, and develop relative conclusions of the Bertrand model.
Keywords :
game theory; oligopoly; pricing; Bertrand dual-oligopoly dynamic game model; Bertrand price competition model; difference equation; duopolistic market cost; dynamic change process; equilibrium solution; manufacture price change process; Cost function; Difference equations; Electronic mail; Manufacturing processes; Nash equilibrium; Oligopoly; Packaging; Production; Reflection; Virtual manufacturing; Bertrand Model; Dynamic Change; Equilibrium; Price;
fLanguage :
English
Publisher :
ieee
Conference_Titel :
Logistics Systems and Intelligent Management, 2010 International Conference on
Conference_Location :
Harbin
Print_ISBN :
978-1-4244-7331-1
Type :
conf
DOI :
10.1109/ICLSIM.2010.5461433
Filename :
5461433
Link To Document :
بازگشت